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October 4, 2017 12:18:41 PM
IPO Guru (1800+ Posts, 10200+ Likes)
General Insurance Corporation of India IPO Price Band 855 to 912 with 45 rupees discount to Retailer EPS for 2016-17 =37 approx PE @ 912 = 25 Approx 27. 3 lakh Applications needed for 1x subscription.
Hey Ratnam, Did you applied 9 lot in single application (single PAN)? In case of oversubscription max one lot is alloted to one application. There is no point in applying multiple lot from single PAN. Make multiple accounts for your family members that will increase chances of allotment.
Pl understand in Retail Category allotment is Application wise Only. If Subscription is 1 time or less then full allotment else its application wise only irrespective of number of shares/lots applied
This forum has so many Idiots who keep asking same thing again and again. Please read the old posts before asking the same stupid allotment question. It is pure lottery idiots.d
Hello dear friends, just to give my perspective (I have recently started so pardon my naiveness) I applied for 2 lots of Capacite (registrar - Karvy) .. got allotment for 2 I applied for 2 Lots of Prataap Snacks (registrar - Karvy) - Got zero allotment..
Hello...One can apply knowledge, experience and capital in secondary market, but in IPO chapter, only luck matters. Its simple lottery system employed by registrar of ipo of company ie Karvy in this IPO.. And I am not agree with Khemka sir that once you allotted by Karvy , you would not get an further allotment. Have a nice day
@mahi patel this simple lottery system is amazing isn''t it? even icici lomabrd was oversubscribed 3 times but most resentful lot of investors had their moments with that. applied 5 got 5, applied 3 got 3. how? why? if a registrar is banned on account of having done something very nefariously wrong, should they be given more chances to destroy investors again and again? it is like giving another chance to kasab, even he promised he will not kill people again so they should have set him free. wrong?